Top 10 InsurTech VC (Venture Capital) Funds in Turkey in September 2025

Last updated: Sep 2025 A list of 10 VC (Venture Capital) funds that invest in Insurtech startups based in Turkey. We rank investors based on the number of investments they made in Insurtech companies from Turkey. We update this investor list every month.

Top 10 InsurTech VC (Venture Capital) Funds in Turkey in September 2025

Investor	InsurTech Turkey investments
Sabancı Ventures	4
OBSS Ventures	2
StartersHub	2
Albaraka Turk	1
Vakif Katilim	1
Maxis	1
Artificial Intelligence Factory	1
Q Angels	1
Heaventures	1
ITUARI Teknokent	1

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Investor list

Sabancı Ventures is an investment arm that invests in technology and innovation-based companies in different sectors.

Investment focus

Information Technology, Software, SaaS
Seed, Series A, Funding Round
Turkey, United States, United Kingdom

Portfolio highlights

Albert Health — 50% of people with chronic diseases do not take medications as prescribed. Improper medication use, especially for elderly patients, leads to hospitalizations and costs insurers billions of dollars. Current apps in the market are too complicated and difficult to use for the elderly who suffer the most from chronic diseases. Albert is a voice-basedhealth assistant which is accessible through mobile app, Amazon Alexa and Google assistant. Our machine learning algorithms create a unique conversational medication management experience. Elderly patients don’t have to text anymore. They will talk with Albert to manage their medications in an easy and effortless way. Patients can easily track health measurements, keep medical diary and set pill reminder by voice command. Furthermore, “Caregiver Mode” allows family members to manage and monitor their relatives’ treatment remotely. Albert helps elderly patients to take the right dose at the right time and help insurers to have less medical expenses, more satisfied customers.
QuEra Computing — QuEra Computing is the leading provider of quantum computers based on neutral-atoms. Our mission is to build the most scalable quantum computers to date to tackle useful but classically intractable problems.
Novus Technologies — Novus is a communication technologies company whose products focus on productivity and creativity in content creation using the state-of-the-art approaches in Artificial Intelligence.

OBSS Ventures empowers early-stage startups by combining investment with hands-on technology expertise. As the venture arm of OBSS Technology, it goes beyond capital, providing startups with software development and product expertise through a unique tech-for-equity model. By focusing on scalable technology solutions, OBSS Ventures enables foundersto accelerate growth and navigate competitive markets. With a $15M fund and a strategic co-investment network, it invests $250K-$2M in startups across Europe, the UK, and the Middle East, with a strong focus on AI, fintech, logistics, and digital platforms.

Investment focus

InsurTech, Information Technology
Seed
Turkey

Portfolio highlights

Lumnion — Al based Insurance Pricing Platform
Navlungo — e-commerce shipping platform

An early-stage VC that backs, mainly but not limited to, Turkey & CEE's founders who work to disrupt the system for good.

Investment focus

Software, Artificial Intelligence, Information Technology
Seed, Pre-Seed, Convertible Note
United States, Turkey, Latvia

Portfolio highlights

Cubtale — Cubtale is a care guidance and coordination platform for your baby. You can track breastfeeding, vitamins, medicine, sleep, diaper changes, formula or pumped milk. You can analyze your baby's growth and compare it with health guidelines and share with doctors. You can schedule time with lactation and sleep experts.
PulpoAR — PulpoAR provides omnichannel AR commerce virtual try-on solutions for beauty brands and e-commerce platforms.
FenixPyre — FenixPyre provides file-centric security to prevent ransomware, mitigate insider threats, and enforce third-party risk management. It blocks internal bad actors from stealing sensitive files, enhancing perimeter security while remaining seamless to users.

Albaraka Turk specializes in providing financial services through its branches. It is able to serve its clients globally by the help of a wide network of correspondent banks, comprising of over 207 banks operating in about 60 countries around the world. The company was founded in 1984 and is headquartered in Istanbul, Umraniye.

Investment focus

FinTech, Information Technology, Financial Services
Seed, Pre-Seed, Equity Crowdfunding
Turkey, United Kingdom

Portfolio highlights

Lumnion — Al based Insurance Pricing Platform
Easyapp — Easyapp stated that they will use the resources obtained from the investment tour to focus on innovation and growth strategies, with the goal of facilitating the digital transformation of businesses and individuals by enabling the creation of applications on their mobile devices without requiring technical or software knowledge. Urhan indicatedthat by simplifying the application creation process, they will increase their customer base, particularly in the Turkish, European, and US markets, and secure a strong market dominance in a short period of time.
Clean Services — Clean Services is an energy company that provides discovery, planning, installation, and after-sales services.

Vakif Katilim provides banking services such as loans, deposits, e-banking, housing, and vehicle finance.

Investment focus

InsurTech, Information Technology
Seed
Turkey

Portfolio highlights

Lumnion — Al based Insurance Pricing Platform

Private Equity Investment arm of Isbank

Investment focus

Software, Artificial Intelligence, E-Commerce
Seed, Funding Round, Pre-Seed
Turkey, United States, United Kingdom

Portfolio highlights

Dengage — Dengage is a Customer Experience Data Platform (CXDP) with built-in CDP powered by full marketing automation capabilities.
OctoXLabs — OctoXLabs is dedicated to tackling the most pressing challenges in the fields of Information Technology and Cybersecurity, delivering innovative solutions that enhance system resilience, data protection, and operational efficiency for organizations navigating an increasingly complex digital landscape.
Tark Games — Tark Games is a publisher focused on independent PC and console game developers. It provide development funding, hands-on production support, marketing resources, and long-term collaboration - without taking equity or creative control.

Artificial Intelligence Factory is a goal-oriented program focusing on cooperation and investment with Turkish AI initiatives, offering various support mechanisms for growth and international success.

Investment focus

Banking, Finance, Financial Services
Funding Round
Turkey

Portfolio highlights

Rnv.ai — RNV Analytics provides AI and ML driven solutions for inventory allocation problem of retail companies. With algorithmics recommendation, their customers decide which product should be located in which sales points both online and offline.
ADASTEC — ADASTEC delivers the most advanced Level-4 automation platform for full-size buses and coaches currently available. The ADASTEC Open Automated Bus Platform called “flowride.ai” is designed for large-scale public transport along pre-defined routes on public roads. “Flowride.ai” allows OEMs to build the best automated bus configurations for the needsof the public transportation operators.
Workintech AI — Workintech is an AI-based learning platform teaches coding and other tech skills

Q Angels is an angel investment firm that contributes to the growth of startups.

Investment focus

Information Technology, Podcast, Blockchain
Seed, Pre-Seed, Funding Round
Turkey, United States, Sweden

Portfolio highlights

PulpoAR — PulpoAR provides omnichannel AR commerce virtual try-on solutions for beauty brands and e-commerce platforms.
eTasin — https://etasin.com
Makromusic — Meet people with similar music taste with you, see your music taste in common with your friends, and share about your favorite artists and music. Create your music profile!

Heaventures strives to join in exceptional early-stage startups as a team member and contribute with its time, expertise, network and money.

Investment focus

SaaS, Software, Information Technology
Seed, Pre-Seed, Series A
Turkey, United States, Germany

Portfolio highlights

Yemece — Yemece offers its customers the opportunity to design their own menus.
Fortune Mine Games — Fortune Mine is a mobile social gaming company with target operating markets in North America & Oceania. Freshly founded in 2021, we are headquartered in Istanbul; one of the major mobile gaming hubs.
VRLab Academy — VRLab Academy | Virtual Experiments

ITU ARI Teknokent initiative is a University-industry collaboration that enabled many technology based entrepreneurial companies to benefit form the academic infrastructure provided by ITU.